MARKET

Target’s new CEO wants to make stores more welcoming. His latest move is to cut jobs.

Target is cutting around 500 jobs, as it tries to put money into making its stores more appealing places to…

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Dow closes above 50,000 for first time to wrap rough week for U.S. stock market

The Dow Jones Industrial Average surged more than 1,200 points Friday, leading a broader stock-market rebound. Source link

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Super Micro logs record revenue from AI demand, and the stock surges

Super Micro’s revenue exploded to $12.7 billion as delayed orders finally materialized, but aggressive competition and rising costs pushed gross…

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‘I’m rich in everything but parents’: I inherited $400K. Is it unwise to use this money to buy a house with my fiancé?

“I’m a 40-year-old woman in a committed relationship, and I’ve experienced the loss of both of my parents.” Source link

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‘I feel like this does us a disservice’: My brother wants his $1 million inheritance in advance. Should he pay interest?

“The total value of our family trust is $4 million.” Source link

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About 20,000 U.S. flights have been canceled due to the winter storm — and counting

Airlines have canceled about 20,000 flights due to a winter storm expected to wallop two-thirds of the U.S. over the…

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Elon Musk has an ambitious new target for when Tesla’s Optimus robots will go on sale

The Tesla CEO has told shareholders that humanoid robots could add $20 trillion to the company’s valuation. Source link

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My sister is buying our parents’ $3 million house, but wants to deduct $100K for renovations. Who’s right?

“If she didn’t want the home, it would have been sold at fair market value.” Source link

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Trump wants to let you take money from your 401(k) to buy a house. Putting it back is complicated.

If you can avoid the 10% penalty, does that make it a good deal? Source link

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Netflix reportedly looking to solidify its bid for Warner Bros. with all-cash offer

The streaming giant is reportedly mulling whether to amend its already-accepted offer to an all-cash bid to remove a partial…

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